Transparency Market Research has published a new report titled ”Baby Drinks Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” to its report store.
Albany, NY -- (SBWIRE) -- 09/28/2015 -- According to a new market report published by Transparency Market Research Baby Drinks Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021, Europe Baby Drinks market was valued at USD 15,930.9 million in 2014, which is expected to rise at a CAGR of 3.5% from 2015 to 2021 to account for USD 20,402.9 million in 2021.
Changing lifestyle supported by increasing number of working women is the major factor driving the baby drink market in Europe. Sweden experienced the fastest growth rate, followed by Italy and Germany in Europe baby drinks market. Infant formula experienced higher demand as compared to baby juice due to several factors which includes easy making procedure of infant formula, well acceptance as breast milk complement and high nutritional value, which makes infant formula an ideal choice of parents for their babies. Moreover, the distribution channel of baby juice is not well established as compared to infant formula and this acts as a restraining factor for baby juice market.
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By product type, Europe baby drink market is segmented into: baby juice and infant formula. Infant formula held larger market share compared to baby juice in 2014. Infant formula is expected to experience high demand during the forecast period as it is the most suitable substitute for breast milk. Infant formula is also recommended by doctors due to its high nutritional value. Thus, infant formula is expected to dominate the baby drinks market throughout the forecast period from 2015 to 2021. The demand for baby drinks has increased substantially due to increasing awareness and well acceptance. Infant formula held the largest market share in terms of revenue. This trend is expected to continue throughout the forecast period.
The types of baby juice available in the market include ready to drink baby juice and concentrated baby juice. Ready to drink baby juice experiences higher demand due to its availability as a readymade product with no preparation time.
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Geographically, in terms of revenue France led the baby drink market in 2014 and this trend is expected to continue throughout the forecast period from 2015 to 2021. Well acceptance of infant formula, busy lifestyle of parents and child friendly government policies in France are the key factors, driving the baby drink market in the country. Apart from France baby drinks market, the U.K. and Spain baby drinks market have also substantially contributed in the growth of Europe baby drinks market.
Company market share analysis and distribution channel analysis and of the various industry participants in Europe are included in the report which provides in depth analysis of countries like U.K, Spain, France, Germany, Italy, Sweden and Rest of Europe. In addition, types of baby drink are also included in the scope of report. Company profiles of the major players are provided in the report which includes recent development, company overview, business strategies and financial overview in the field of Baby Drinks. Company profiles of the key participants which are included in the report are Mead Johnson Nutrition Company, HiPP GmbH & Co, Nestle S.A., Danone and H.J. Heinz Company among others.
Europe Baby Drinks Market: By Type
Ready to drink
Europe Baby Drinks Market: By country
Rest of Europe
The report provides a cross-sectional analysis of all the above segments with respect to the below mentioned countries:
Rest of Europe
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